Lean hog futures closed the Monday session down by as much as 80 cents. Dec gained 25 cents to $65.15 cwt as the exception to the rule. Pork Cutout futures closed mixed on Monday.The CME Lean Hog Index for the 12th was another 48 cents weaker at $70.84. USDA’s National Average Afternoon Base Hog price was up 45 cents lower at $59.27. USDA’s National Pork Carcass Cutout value was $81.15 on Monday afternoon with a $1.01 bump. The CoT report with data from 11/10 showed lean hog speculative traders 33,935 contracts net long. That was a 1,779 weaker net long on the week via new sellers. Federally inspected hog slaughter for Monday was estimated at 491,000 head. That compares to 493k both last week and last year.

— provided by Brugler Marketing & Management